What is a realistic amount you can make on your first deal? #realestateinvestor

Name: What is a realistic amount you can make on your first deal? #realestateinvestor
Uploaded: 2024-04-12T18:00:26+00:00
Duration: 24 s
Channel: Tyson Smith
Description: In this brief segment, the speaker addresses common misconceptions about how much money a new wholesaler can earn on their first deal. He clarifies that…

12 Apr 2024 · 0 min

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In this brief segment, the speaker addresses common misconceptions about how much money a new wholesaler can earn on their first deal. He clarifies that earnings are not solely a function of skill but are heavily influenced by market conditions. He shares his personal average wholesale profit of $19,567 and notes that typical profits can range widely—from as low as $5,000 in some markets to as high as $50,000 in others—depending on where the wholesale activity takes place. The overall message is that first‑deal earnings are realistic but variable, and aspiring wholesalers should set expectations based on market context rather than a fixed figure.

What's a realistic amount you can make on the first deal? People get confused thinking that like the more you make on a deal has anything to do with skill. Well, it's a little bit true. It's not really the case. Okay. My average wholesale deal is $19,567. And it's not like— like some markets, the average is $50K. Some it's $5K, right? So you could realistically go make $50K on your first deal. You could also only make $5K. It just depends on where you wholesale.